These are the stories making headlines in fashion on Friday.
Victoria’s Secret Fashion Show Launches Model Search
The Victoria’s Secret Fashion Show returns this fall, and it is launching an open casting call across America for a model to walk in the show. The winner will also be signed to an exclusive contract with IMG Models. Applications open on Monday, April 6 on victoriassecret.com. {Fashionista inbox}
Saks Global Secures $500 Million in Exit Financing
Saks Global has received $500 million in exit financing from a group of senior secured bondholders as part of its total $1.75 billion bankruptcy lifeline. Saks Global expects to emerge from Chapter 11 bankruptcy this summer. The deal provides the liquidity necessary for the retailer to overhaul its capital structure and set up Saks Fifth Avenue, Neiman Marcus and Bergdorf Goodman for long-term success. {Business of Fashion/paywalled}
Saie and Sephora Partner on Planet Beautiful 2026
Photo: Courtesy of Saie
This month, Saie is launching its Planet Beautiful 2026 initiative in partnership with Sephora U.S. to tackle the beauty industry’s plastic waste. The duo is bringing together 11 beauty brands to fund the recovery of more than 1 million pounds of plastic waste across India, Indonesia, Colombia and Kenya, in partnership with rePurpose Global. The 11 participating brands include Alpyn, Amika, Biossance, Caliray, Caudalie, Crown Affair, Experiment, Ilia, Nécessaire, Saie, Skinfix and Violette_FR. {Fashionista inbox}
Maria Laura Neves Named Vogue Brasil’s Editor in Chief
Maria Laura Neves has been appointed editor in chief of Vogue Brasil. Neves joined Vogue Brasil in 2021 as deputy editor. Following longtime editor-in-chief Paula Merlo’s exit from Vogue Brasil, Neves has held the role on an interim basis since late February. Neves has previously served as editor in chief of Marie Claire Brasil. {Business of Fashion/paywalled}
Nordstrom’s 2025 Sales Grew to About $15.8 Billion
Nordstrom‘s sales surged to about $15.8 billion in 2025, returning to the company’s peak pre-pandemic levels. Nordstrom’s revenue was up from $15 billion a year earlier and in line with the record-high in 2019. This revenue boost follows Nordstrom’s $6.25 billion deal with Mexican retailer El Puerto de Liverpool to go private last year. {Bloomberg/paywalled}
